QUESTION 28 On June 16, 2018, Evergreen Inc. wrote off the $200 receivable from customer M. Simmons. On October 14, 2018, Evergreen unexpectedly receives $200 cash from M Simmond. How should Evergreen record the $200 payment from M. Simmons? Evergreen uses the alowance method. debit Accounts Receivable. M. Simmons and credit Bad Debts Expense debit Cash and credit Accounts Receivable - M. Simmons debit Cash and credit Bad Debts Expense debit Accounts Receivable M. Simmons and credit Alowance for Bad Doba debit Cash and credit Accounts Receivable M. Simmons debit Cash and credit Alowance for Bad Debt QUESTION 29 The Merchandise Inventory account balance is $52,000. A physical count of inventory reveals that the actual inventory balance is $41,000. Which of the following would be included in the adjusting entry? (Assume a perpetual inventory system) O a $11.000 debit to Cost of Goods Sold a $41,000 credit to Merchandise Inventory a $52,000 debit to Cost of Goods Sold a $11,000 debit to Merchandise Imbertory Assume Nile.com began April with 14 units of inventory that costa total of $206. During April, Nile.com purchased and sold goods as follows: Apr. 8Purchase 42 units @ $20 14 Sale 35 units 540 22 Purchase 28 units 522 27 Sale 42 units 540 Suppose Nile.com used the weighis-average inventory costing method and the perpetual inventory system Compute the weighted average unit cost of the company's inventory on hand at Apri 8. Round weighted average unit cost to the nearest cont. $19.75 $19.50 $21.00 $20